Japan Cash Machine Co., Ltd.
Notice on the Payment Completion for the Transfer of Treasury Stock as Stock Compensation
Payment completion for disposal of treasury stock announced. Total disposed shares: 43,500 shares, disposal price: 1,081 yen per share, total amount: 47,023,500 yen. Targets are 22 executives including managers.
Key Figures
- Disposed shares: 43,500 shares
- Disposal price: 1,081 yen / share
- Total amount: 47,023,500 yen
AI要約
Overview
Today, the company announced that the payment procedure for disposal of treasury stock as stock compensation with transfer restrictions has been completed. The recipients are 22 executives including managers (excluding directors), with 5 directors (excluding those living abroad), 6 operating officers (excluding those living abroad), and 11 department heads. The total disposed shares amount to 43,500 shares, totaling 47,023,500 yen.
Impact on investors
Disposal of treasury stock could be a dilutive factor, but since it was carried out as payment for treasury stock under stock compensation with transfer restrictions, it is presumed to be part of a long-term improvement of the compensation framework and talent retention. The specific impact on future capital policy is unknown, so additional disclosures are required.
Nihon King of Money Machinery Co., Ltd.
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